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V2X Completes Acquisition of QinetiQ U.S. Intelligence Business, Expanding National Security Capabilities
Prnewswire· 2025-09-22 11:30
Core Insights - V2X, Inc. has successfully completed the acquisition of QinetiQ's U.S. Intelligence business, enhancing its capabilities in the Intelligence Community [1][2][3] - The transaction is valued at approximately $24 million, net of estimated tax benefits, and will add around 70 professionals with expertise in intelligence and cyber operations to V2X [2][3] - The integration of QinetiQ's Intelligence business into V2X's national security portfolio is already in progress and will continue over the coming months [3] Company Overview - V2X builds innovative solutions that integrate physical and digital environments, focusing on enhancing readiness, optimizing resource management, and boosting security across national security, defense, civilian, and international markets [4] - The company employs approximately 16,000 professionals and leverages AI and machine learning capabilities to address complex challenges across various operational domains [4]
HII's Ingalls Shipbuilding Hosts Annual Community Partner Workshop, Strengthening Gulf Coast Partnerships
Globenewswire· 2025-09-12 21:15
Core Insights - HII's Ingalls Shipbuilding division hosted its third annual Community Partner Workshop to enhance collaboration between industry and nonprofit organizations, focusing on community relationships and best practices [1][2] Group 1: Event Overview - The workshop included participation from over 50 nonprofit organizations, aimed at connecting them with funding partners and industry experts to improve their skills and impact [2] - Interactive sessions covered topics such as leveraging AI for nonprofit impact, enhancing grant writing skills, and utilizing design tools for storytelling [2] Group 2: Community Investment - Ingalls Shipbuilding awarded 15 community grants totaling $20,000 to support initiatives in education, workforce development, and quality of life along the Gulf Coast [4] - As the largest manufacturing employer in Mississippi, Ingalls is committed to investing in local communities and ensuring a safe and healthy workplace for its employees [5] Group 3: Company Profile - HII is a global defense provider and the largest military shipbuilder in the U.S., with a workforce of 44,000 and a history of over 135 years in advancing national security [6][7]
Ingalls Shipbuilding Honors 20th Anniversary of Katrina with Stories of Resilience
Globenewswire· 2025-08-28 14:30
Core Insights - The company is commemorating the 20th anniversary of Hurricane Katrina, reflecting on the resilience of its workforce and the restoration of operations post-storm [1][2][3] Group 1: Employee Resilience and Community - Employee testimonials and multimedia content are being shared to highlight the workforce's response to Hurricane Katrina, emphasizing the values that define the company [2] - Nearly 500 employees volunteered as "storm riders," protecting equipment and infrastructure during the hurricane, showcasing the commitment and teamwork of the workforce [4][5] - The sense of community that emerged post-Katrina is underscored by personal stories from employees, including Marcus Richardson Sr., who reflects on the strength and unity of the shipbuilders [5][7] Group 2: Operational Impact and Recovery - The hurricane tested the shipyard's operations but also revealed the strength and commitment of the workforce to build ships for the U.S. military [3] - Following the storm, the company provided essential support to employees, including food, water, and temporary housing, while continuing to pay them during the recovery [3] - Significant investments have been made in infrastructure and facilities since the hurricane, enhancing product flow, process efficiency, and product quality in the 35 ships delivered since 2005 [7]
HII's Ingalls Shipbuilding Hosts Mississippi Educators to Strengthen Workforce Pipelines
Globenewswire· 2025-07-01 19:30
Core Insights - HII's Ingalls Shipbuilding division hosted its third annual educator externship, involving 15 educators from Mississippi Gulf Coast school districts, aimed at strengthening workforce pipelines and aligning education with national defense needs [1][2]. Group 1: Externship Program - The externship program took place from June 9-20 and included facility tours, job shadowing, and discussions with experienced shipbuilders and leadership [2]. - A new feature this year was a virtual welding lab training exercise, allowing educators to learn basic welding techniques in a simulation-based environment [2]. Group 2: Workforce Development Initiatives - Ingalls Shipbuilding is committed to investing in local workforce development through various programs, including the Shipbuilder Academy, technical training in high schools, and partnerships with community colleges [4]. - The company supports enterprise-wide commitments to hands-on apprentice training and collaborations with two- and four-year colleges and universities [4]. Group 3: Company Overview - HII is the largest military shipbuilder in the U.S. with over 135 years of history in advancing national security, delivering capabilities from ships to unmanned systems and cyber solutions [8]. - The company has a workforce of 44,000 and is headquartered in Virginia [8].
HII to Participate in Bernstein's 41st Annual Strategic Decisions Conference on May 28
GlobeNewswire News Room· 2025-05-21 12:00
Company Overview - HII is a global, all-domain defense provider focused on delivering powerful ships and solutions to protect peace and freedom worldwide [2] - As the largest military shipbuilder in the U.S., HII has a history of over 135 years in advancing national security [3] - The company employs a workforce of 44,000 [3] Upcoming Events - HII will participate in Bernstein's Strategic Decisions Conference on May 28, with a conversation featuring President and CEO Chris Kastner scheduled for 3:30 p.m. Eastern time [1]
HII's Ingalls Shipbuilding Hosts “Signing Day” for Shipbuilder Academy Graduates
GlobeNewswire News Room· 2025-05-01 16:15
Core Insights - HII's Ingalls Shipbuilding hosted a "signing day" for 43 graduates of its Shipbuilder Academy, marking the start of their careers with the company [1][6] - The event coincided with National Apprenticeship Day, emphasizing the importance of connecting individuals to meaningful careers and building a skilled workforce [2] - The Ingalls Shipbuilder Academy provides hands-on training, mentorship, and classroom instruction to prepare students for careers in shipbuilding [2][3] Company Initiatives - The Ingalls Shipbuilder Academy has graduated over 450 students since its inception in 2016, demonstrating the company's commitment to investing in local workforce development [9] - Ingalls has partnerships with 13 high schools along the Gulf Coast to nurture a talent pipeline for future shipbuilders [9] - In addition to the Shipbuilder Academy, Ingalls supports technical programs at three local high schools, further enhancing educational opportunities for students [10] Student Impact - Graduates like Tommie Bettis and Randi Vickers expressed pride in their new roles, highlighting the personal significance of joining Ingalls and continuing family traditions in skilled trades [7][8] - The signing ceremony resembled traditional athletic signing events, showcasing the importance of these career opportunities for students [6]